Vale bounces 5.2%, Sell signal stays in play
Vale stock bounces 5.2% off its EMA20, the Sell signal stays in play
Our view last week
Vale stock accelerates lower: the week closes down 4.9% with sellers dominating 96% of volume, an extreme reading, as price breaks below the 7-day high. The Sell signal has been under management since week 15, with the short more than 12% in profit: the decline regains speed, though the ADX keeps falling — the trend isn't gaining conviction.
This week's summary
Vale stock bounces 5.2% this week, rebounding off its daily EMA20 (the 72 area) after last week's plunge: 85% of volume is back on the buy side. The Sell signal has been under management since week 16, with the short more than 7.9% in profit. Money flow stops deteriorating and momentum eases its decline, but the weekly structure still shows distribution — the decline hasn't lost control yet.
IQS Phase
65
in tension
Signal Strength
23
decline losing steam
Sizing
MINIMUM
Ranking
#19 / 25
Rest of the World stocks
Trade P&L %
+7.93%
from signal to date, no stop loss
Rank position
ranks 19th among the 25 sell signals for titoli resto del mondo in our ranking, with a signal strength of 23 out of 100.
Sector context
SectorMaterials
Benchmark ETFXLB
Sector regimein strong phase
Performanceweekly +1.90% · monthly +5.35%
VALE3 belongs to the materials sector (reference ETF XLB). The sector is classified in strong phase according to our weekly reading.
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